📊 $RONIN – Technical Setup | Market Watch🚀
RONIN is currently trading near a key demand zone. after a corrective move. Price action suggests buyers are defending support, and momentum is slowly stabilizing.
🔹LONG TRADE SIGNAL SETUP 🚀
TP 1 $0.1780
TP 2 $0.1799
TP 3 $0.1880
TP 4 $0.1950
SL $0.1620
🔹 Technical Outlook:
Structure: Short-term consolidation after pullback
Support Zone: Previous demand area holding well
Resistance: Nearest supply zone overhead (needs strong volume to break)
🔹 Possible Scenarios:
If support holds → Relief bounce / continuation move possible
If support breaks → Price may retest lower liquidity before recovery
🔹 What to Watch: ✔ Volume expansion
✔ Strong bullish candles near support
✔ Higher low formation on lower timeframes
⚠️ Always wait for confirmation and manage risk properly. This is a technical observation, not financial advice. #RON #CryptoAnalysis #BinanceSquare #altcoins #PriceActionAnalysis
